Number of Americans living in poverty higher than previously thought

Under a new revised census formula, the number of Americans living in poverty in 2009 was 1 in 6 - millions higher than previously thought, according to the Boston Globe.

The article states that after adjusting for geographical variations in cost of living, people residing in the suburbs, the Northeast, and most notably, the West were the regions mostly likely to have people living in poverty. 

Other key findings:

  • Out-of-pocket medical expenses had a significant impact in affecting the number of poor people
  • Government aid programs such as tax credits and food stamps kept many people out of poverty
  • Transportation, commuting, and child-care costs have an impact on the number of working-age Americans living in poverty

 

(Source: The Boston Globe, http://www.boston.com, January 6, 2011)